Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: Rational who wrote (3321)	11/30/1997 1:44:00 PM
From: LRS	Read Replies (1) of 27307

I actually read your entire post. The cap gains part that is not showing up in your post was where the 411 insider acquired his stock in 411 at $1 per share (or whatever the true basis was)in January of 1996. This 411 stock can be exchanged for the $52 YHOO stock tax free. However, once they sell their YHOO stock (at 52 or 42 or 102) there is a taxable event because they effectively acquired the YHOO stock for $1 back in 1/96.

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